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The gamma distribution is a continuous probability distribution used to model a variety of real-life situations, such as the time between events in a Poisson process. In MS Excel, the Gamma distribution can be easily calculated by using the GAMMA.DIST function.
The variance-covariance matrix is a way to describe patterns of data. This statistic can be used as an overview for many multivariate statistical models.
In this Excel lesson, you will learn how to use exponents.
Excel is a great software if you want to take your inventory system or management forward. It’s a great tool for small businesses that automates processes that are usually done by hand.
The Chi-Square test is a statistical test used to determine if there is a significant association between two categorical variables. In this Excel tutorial, you will learn how to calculate the Chi-Square test in Excel.
Factorials are widely used in Mathematical analysis. It has a simple calculation in Mathematical perspective and can be applied to real-world phenomena as well. However, factorial calculations can be executed with a simple built-in function in Excel, which is pretty straightforward.
In this Excel tutorial lesson, you will learn what skewness is and how to calculate skewness in Excel application.
